Skim Pembiayaan Fleksibel (SPEF)

What is Skim Pembiayaan Fleksibel?

Stepped-up financing with fixed instalment for the first 5 years of the loan

EPF Account 2 withdrawal for the purpose of PR1MA home instalment up to retirement or end of tenure

This scheme, created exclusively for PR1MA homebuyers will also provide eligible buyers with a significant reduction in monthly home loan instalments at affordable levels.

The scheme is established in collaboration with Bank Negara Malaysia (BNM), EPF and four local banks, namely Maybank, CIMB, RHB and AmBank.

SPEF is a step up financing only or step up financing with EPF Account 2 withdrawal option, where in the first 5 years, only interest is paid. The principal amount kicks in from year 6 onwards until full settlement of the loan.The step- up option combined with withdrawals from EPF Account 2 enables homebuyers to have access to a higher loan amount.